IDC MarketScape Names Equinix a Data Center Colocation and Interconnection Services Leader in Canada – Interconnections – The Equinix Blog
We’ve seen this reciprocal approach taken by enterprises across the Americas as they distribute digital infrastructure in Equinix IBX data centers outside their country until they can do so locally.
Equinix is helping organizations accelerate their digital business transformation and address their digital infrastructure needs. According to the IDC report, companies should consider Equinix when looking to distribute low-latency workloads across Canada and globally, using an interconnected, ecosystem-based digital platform.
Advancing our vision for Canada with ongoing investments
As the second-largest country in the world in terms of landmass, Canada has the fourth-lowest population density. While 90% of residents live within 100 miles of the U.S. border, Canada is investing heavily in improving connectivity to northern metros and rural communities with various initiatives such as:
- Canada’s Connectivity Strategy, which aims to provide all Canadians access to Internet speeds of at least 50 megabits per second (Mbps) download / 10 Mbps upload.[2]
- The Universal Broadband Fund (UBF), a $2.75 billion investment by the Government of Canada designed to help connect 98% of Canadians to high-speed Internet by 2026 and achieve the national target of 100% connectivity by 2030. Only the hardest-to-reach households may take until 2030 to get connected.[3]
Equinix is also committed to progressing connectivity across Canada. “Equinix’s global strategy to create a digital infrastructure platform is ahead of the needs of many Canadian organizations and will enable its customers to compete in the post-COVID-19 digital business era,” according to the IDC MarketScape Report. Within our first year following the acquisition, we launched seven unique construction projects to enhance and increase existing capacity for our customers. At our Q2 2022 earnings call, Equinix announced an $84 million investment in a multi-year expansion of its existing Canadian data centers.
Why expand now? Businesses are increasingly moving to a virtualized, multicloud approach to reduce costs, mitigate risk and overcome hardware supply issues. According to the GTTS, the majority of Canadian IT decision-makers (52%) report that they’re pursuing more aggressive IT strategies and that they’re further along in their digital transformation journeys as a result of the COVID-19 pandemic. Taking these steps forward unlocks new entry points for multinational companies looking to expand into North America.
Learn more about how Equinix and other colocation and interconnection service providers are supporting digital transformation across Canada in the IDC MarketScape – Canadian Datacenter Colocation and Interconnection Services 2022 Vendor Assessment.
[1] Jason Bremner,“IDC MarketScape – Canadian Datacenter Colocation and Interconnection Services 2022 Vendor Assessment,” IDC, Doc # CA49811122, November 2022.
[2] Canada’s Connectivity Strategy, Government of Canada
[3] Universal Broadband Fund (UBF), Government of Canada
